Commercial Metals Company (CMC)

Interest coverage

Aug 31, 2025 May 31, 2025 Feb 28, 2025 Nov 30, 2024 Aug 31, 2024 May 31, 2024 Feb 29, 2024 Nov 30, 2023 Aug 31, 2023 May 31, 2023 Feb 28, 2023 Nov 30, 2022 Aug 31, 2022 May 31, 2022 Feb 28, 2022 Nov 30, 2021 Aug 31, 2021 May 31, 2021 Feb 28, 2021 Nov 30, 2020
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 153,043 93,557 145,605 227,135 683,564 783,839 930,363 1,047,001 1,162,094 1,268,778 1,368,282 1,644,604 1,565,856 1,417,421 1,179,517 758,955 585,922 481,745 404,579 405,713
Interest expense (ttm) US$ in thousands 45,498 45,495 46,748 47,459 47,893 44,010 40,771 38,838 40,127 46,098 50,653 52,719 50,709 48,138 46,670 48,680 51,904 54,207 57,651 59,518
Interest coverage 3.36 2.06 3.11 4.79 14.27 17.81 22.82 26.96 28.96 27.52 27.01 31.20 30.88 29.44 25.27 15.59 11.29 8.89 7.02 6.82

August 31, 2025 calculation

Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $153,043K ÷ $45,498K
= 3.36